Analysis of Limit-Up Reason and Future Trend of Leedarson (605365)

Leedarson (605365.SS) hit the limit-up on the Shanghai Stock Exchange on December 18, 2025, with a closing price of 24.20 yuan. Combining technical analysis, industry background and other data, the reasons for the limit-up can be summarized as follows:

1. Technical Momentum Push
   : The stock has been in an upward trend since September 2025, rising 57.55% in three months [0]; it broke through the 22 yuan resistance level on December 17, triggering technical buying [0].
2. IoT Industry Growth Support
   : As an IoT hardware enterprise, the company benefits from China’s digital transformation policies and enterprises’ intelligentization needs; the industry’s development prospects provide support for the stock price.
3. Trading Volume Amplification Verifying Demand
   : The trading volume on December 18 was 1.988 billion shares, far exceeding the 30-day average of 850 million shares, reflecting strong market attention [0].

1. Technical Overbought Signal Appears
   : The KDJ indicator shows overbought status (K:85.5, D:78.7, J:99.0), and the RSI indicator also suggests overbought risks [0], increasing the probability of a short-term correction.
2. Valuation at High Level
   : The current P/E ratio is 45.55 times, higher than the industry average, showing obvious speculative rise characteristics [0].
3. Lack of Public Catalytic Information
   : No public news directly driving the limit-up was found; there may be company or industry developments that have not been widely reported.

• Risks
  : High short-term correction risk under overbought status; high valuation may restrain sustained rise; lack of clear catalytic information increases uncertainty [0].
• Opportunities
  : Continuous growth of the IoT industry provides support for long-term development; if it breaks through the 24.20 yuan resistance level, the next target level is 25.48 yuan [0].
• Key Price Levels
  : Resistance levels:24.20 yuan (limit-up price),25.48 yuan; support level:20.77 yuan [0].

Leedarson’s recent stock price performance has been strong; short-term technical momentum and industry growth jointly drove the limit-up, but overbought risks, high valuation, and lack of public catalysts need attention. Investors should closely monitor changes in trading volume, resistance level breakthroughs, and company/industry developments to grasp the future trend.